Currently, there is an edit facility given to both buyers and sellers to correct any errors even after credit is taken on the tax. The government plans to do away with the flexibility given to buyers ...

Generate E-invoice in GST: Micro units are currently out of the e-invoice purview. GST E-invoice, Steps to generate E-invoice under GST: The Central Board of Indirect Taxes and Customs (CBIC) under ...

A fake GST bill is generated by scammers to dupe businessmen and customers, even without any actual supply of goods or services or GST payment. It is basically generated for various fraudulent reasons ...

Generate Export Invoice Online: The export invoice gains significance in the event of claiming insurance and as a proof of transaction between the exporter and importer. Export Invoice in GST: Similar ...

The Director-General of GST Intelligence (DGGI) has arrested 25 persons in just four days during its drive against those involved in issuing fake GST invoices. Under the drive, a total of 350 cases ...

The GST Council, at next week’s meeting, is likely to consider a proposal to bring more clarity on action against entities involved in claiming Input Tax Credit (ITC), which has become a major source ...

The e-invoicing system has been implemented by the Government w.e.f. October 1. Read more about the system, benefits, steps to generate e-invoice and the difference between the existing and the ...

The Story so far: The GST Council of India approved and rolled out the ‘e-invoicing’ or ‘electronic invoicing’ eco-system in a phased manner for reporting of business-to-business (B2B) invoices to GST ...

To start with, businesses above a specified threshold will just get a unique number for every electronic invoice or e-invoice generated. This number can be matched with the invoices reported in the ...